FOR IMMEDIATE RELEASE: April 21, 2021 Contact:Jan Kruse (jkruse@nclc.org) Letter Reflects Bipartisan Support for State Interest Rate Caps and the Need to Stop “Rent-a-Bank” Evasions by Predatory Lenders In a rare form of bipartisan agreement, a group of 25 Attorneys General (AGs)  sent a letter today to Congressional leadership urging it to “use the Congressional [...]

FOR IMMEDIATE RELEASE: April 20, 2021 OCC Rule Usurps Role States Have Had Since Founding of the Nation in Protecting Families from Usurious Lending Contacts: Prof. Chris Odinet, christopher-odinet@uiowa.edu Prof. Paul Kantwill, pkantwill@luc.edu Prof. Adam Levitin, AJL53@law.georgetown.edu A group of 138 scholars, including professors of banking law and consumer finance regulation, from 43 states and [...]

FOR IMMEDIATE RELEASE: April 19, 2021 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) NCLC Attorney Praises CFPB for Upholding the Fair Debt Collection Practices Act on Rule that Could Impact up to 9 Million Families Behind in Rent Payments Boston - Today, the Consumer Financial Protection Bureau announced an interim final rule that will [...]

Download the report, including several client stories and policy recommendations Washington, D.C. – Thousands of extremely low-income older adults and people with disabilities have likely had their Supplemental Security Income (SSI) benefits cut off erroneously, bringing many of them to the brink of homelessness, according to a groundbreaking report from the National Consumer Law Center [...]

FOR IMMEDIATE RELEASE: April 5, 2021 Contacts: National Consumer Law Center: Jan Kruse (jkruse@nclc.org) Americans for Financial Reform Education Fund: Carter Dougherty(carter@ourfinancialsecurity.org) Washington, D.C. - Housing advocates at the National Consumer Law Center, Americans for Financial Reform Education Fund, National Community Stabilization Trust, and the National Housing Law Project responded to the Consumer Financial Protection [...]

FOR IMMEDIATE RELEASE: April 1, 2021 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) The Administration’s multi-trillion dollar infrastructure plan includes funding to replace 100% of lead pipes and service lines and help close the digital divide WASHINGTON, D.C. – On Wednesday, President Joe Biden’s administration unveiled the American Jobs Plan. In what the administration [...]

FOR IMMEDIATE RELEASE: April 1, 2021 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) Washington, D.C. - Today, the Supreme Court issued an opinion that nullifies one of the most important protections against unwanted robocalls: the Telephone Consumer Protection Act’s prohibition against autodialed calls and texts to cellphones without the called party’s consent.  In Facebook, [...]

FOR IMMEDIATE RELEASE: March 31, 2020 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) Washington, D.C. - Advocates applauded today’s announcement by the CFPB that it has rescinded several temporary policy statements issued last year that weakened consumer protection by giving financial service industries unnecessary “flexibility” not to comply with consumer protection laws, including laws [...]

FOR IMMEDIATE RELEASE: March 30, 2021 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) WASHINGTON, D.C. — Today, the National Consumer Law Center and the Student Borrower Protection Center released the following statements in response to an announcement by the U.S. Department of Education that it had taken steps to expand protections for over one [...]

FOR IMMEDIATE RELEASE: March 29, 2021 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) Boston - Today, the U.S. Department of Education announced that it is temporarily easing paperwork requirements and cancelling the loans of 41,000 federal student loan borrowers whose disability discharges were revoked and loans were reinstated due to paperwork issues during the [...]